for all the new people to the board that bought today, here is an article that came out in June from the CEO of the company.
No Risk, No Reward
disclaimer: I own shares of this company
"They have one horse in P3, no pipeline, and a competing product coming up behind them by the same genius who invented MDVN's lead product and sold it to them! ( ARN-509 could make MDV 3100 worthless)"
If you actually believe this, you are clueless and know nothing
ARN509 will have huge patent issues and MDVN may even own it. In trails ARN509 appears to be doing the exact same thing. How are they going to run a 1100 patient blinded trial with an equal drug already approved... ya, that will be really easy. So arn509 might make to market in 10 years. notice no one has bought aragon or partnered with them... ya, they have a better product and no one will touch it. that happens all the time. you are a clown
I've been in. 5K shares at $3.12. I'm thinking $6 to $8 is reasonable for now, but I was interested in seeing how others felt, as it appears there are many loyal followes...and a of course a list of clowns. Thanks for your input.
IMHO there will be attempts to buy out little CLSN but why set up a $75 Million LOC? It also could be that they use this card to drive up any and all bids for a buyout. It is obvious that it will depend on the situation at the time of the bid....will there be solid revenue streams coming in from the rest of the world markets less North America. If I was the management team I would get a good solid pro forma based on ligitimate sales data before I do anything. Of course we have to get positive Heat results first!!!
Look at OREX, It just had a 500 million market cap after VVUS approval, and ARNA with 2 obesity drugs coming to market. They only have 1 drug for obesity in PIII and they now have about a 300 million MC.
Look at KERX, with their one drug, ZERENEX, in PIII. Ferric citrate. They have a 136 mill MC.
CLSN should be at least where KERX is sitting MC wise.
That is an absolute nightmare scenario for shorts.
It is those kind of thoughts that make me think shorts are on hair-trigger alert and could engage in mass panic covering. The panic could start today, tomorrow, next week or next month. Nobody knows when but if it does you longs will be kicking themselves for not buying more now. Jmho. Cheers.
I just read the transcript of the CC...The CEO specifically said that Thermodox will show a 33% increase in PFS over the non Thermodox group.
If that is the case. and in the world of oncology with this very difficult cancer, is that a major breakthrough or simply "so so" as far as expectations are concerned?